Bitcoin future looks brighter

[Shatterlean22]

The future looks brighter for bitcoin mining and other mineable altcoins out there ,like cryptonight and ethash ,IT companies are already rushing to start manufacturing 7nm chips and hardwares that would be based on those,this is good news cos with 7nm mining will be profitable again and AMD too among others is already producing 7nm based GPU with 48cores ,I thought mining was done for, another one again is a based Japan company called GMO internet group, they are already working on new ASICS with same 7nm chips that will deliver 10TH/S with power consumption of only 500watts which is twice as efficient as bitmains Antminer s9 that draws 1,372 watts with output of 14TH/S , its not the end but the beginning as we will see bitcoin breaking the TeraHash boundary and GPUs with 7nm? Miners will be happy about this. What are your thoughts about this ?

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[rodalutor]

The future looks brighter for bitcoin mining and other mineable altcoins out there ,like cryptonight and ethash ,IT companies are already rushing to start manufacturing 7nm chips and hardwares that would be based on those,this is good news cos with 7nm mining will be profitable again and AMD too among others is already producing 7nm based GPU with 48cores ,I thought mining was done for, another one again is a based Japan company called GMO internet group, they are already working on new ASICS with same 7nm chips that will deliver 10TH/S with power consumption of only 500watts which is twice as efficient as bitmains Antminer s9 that draws 1,372 watts with output of 14TH/S , its not the end but the beginning as we will see bitcoin breaking the TeraHash boundary and GPUs with 7nm? Miners will be happy about this. What are your thoughts about this ?

It will be beneficial overall if mining can move back away from large farms but I'm skeptical of how this will work, as much as there will be advancements in one area there will be advancements in another which make them near obsolete.

[karman383]

Of course this will benefit many parties, not just miners. Bitcoin will be increasingly known and become an idol along with technological development and also the development of the system. So, I believe that cryptocurrency will be very popular and more popular. especially bitcoin!

[Payme21]

I think this is a great news especially at a time when its increasingly difficult to keep the motivation of a brighter days for bitcoins and other alt coins generally. Cant wait for this market to become profittable again

[gandame]

The future looks brighter for bitcoin mining and other mineable altcoins out there ,like cryptonight and ethash ,IT companies are already rushing to start manufacturing 7nm chips and hardwares that would be based on those,this is good news cos with 7nm mining will be profitable again and AMD too among others is already producing 7nm based GPU with 48cores ,I thought mining was done for, another one again is a based Japan company called GMO internet group, they are already working on new ASICS with same 7nm chips that will deliver 10TH/S with power consumption of only 500watts which is twice as efficient as bitmains Antminer s9 that draws 1,372 watts with output of 14TH/S , its not the end but the beginning as we will see bitcoin breaking the TeraHash boundary and GPUs with 7nm? Miners will be happy about this. What are your thoughts about this ?

Yes it look good but not all area are good for mine in my place its really hard becuse the per kilo watts here are so high. So mining here its not applicable to those who want mining.

[kotajikikox]

Bitcoin mining is very important will give benefits for the entire community, without the miner there nothing bitcoin circulate in the whole world.

Mining is one of the most profitable way to earn bitcoin ti guve positive brighter for the people theywant to achieve their goals.

[GalahadSeika]

I think so, bitcoin is one of the great achievement in humanity. Imagine, you can pay somebody at the other side of this world?! And without a doubt this is a great invention. It was processed really well.

[therhslv]

Not sure if its good news or bad , but if there will be Cheap and really good miners out there in market then you will see BTC price DROP because of the profit you will get from mining . If mining costs will be lets say 1k for BTC then you will be able to see 1.2-2k USD price range for BTC . Ofcourse Factory will need really fast manufacturing and delivery to clients for that to happen

[Gargo]

I hope that thanks to these processors, the transfer fee will drop. When the price of Bitcoin begins to grow again, the fees could scare off new users.

[maldini]

Wow, of course this is the beginning of the progress and development of better blockchain technology, with the news like this, proving that large corporate companies also support the future of crypto. They have known that the development of technology will be parallel to crypto later

[solkinsolali]

The future of Bitcoin looks so bright which is why I am not in anyway worried about this current market status. The assurance is there that the market will bounce back.

[xtrump101]

wow thats a good news despite the market situation right now, there must be something big coming in the cryptoverse  that we might get surprice in dys from now! buckle up guys and were going north  

[Abal Abal]

yes I see the bitcoin's time to start at a very pleasant point, it is in line with some countries that have legalized BITCOIN, and there are several places to receive BTC payments.

[Indrawan77]

Bitcoin mining is very important will give benefits for the entire community, without the miner there nothing bitcoin circulate in the whole world.

Mining is one of the most profitable way to earn bitcoin ti guve positive brighter for the people theywant to achieve their goals.

You make a good point, I think this can increase the bitcoin efficiency, but right now its not the only problem that we face, I think to make bitcoin future brighter we need more investors and more legality around the countries, the more efficient mining equipments is good, but I don't see it as priority for now

[Tahir460pk]

Absolutely bitcoin future looks brighter as per alot of predictions and experts opninon in favor of bitcoin, some persons are panic and pressurised due to drop of bitcoin but it's a part of the game and soon it will touchs as they are their peak in start of this year.

[danharper]

The future is definitely looking brighter for Bitcoin. I thought "altcoins" and ICO's were really going to be a thing there for a moment, crazy times!

I hope to see more updates to Bitcoin and adoption stays steadily growing.

[adamtruongkz]

Of course this will benefit many parties, not just miners. Bitcoin mining is very important will give benefits for the entire community, without the miner there nothing bitcoin circulate in the whole world.If mining costs will be lets say 1k for BTC then you will be able to see 1.2-2k USD price range for BTC . Ofcourse Factory will need really fast manufacturing and delivery to clients for that to happen

[pooya87]

the future of bitcoin and those two sneaky altcoins you advertised mentioned here does not depend on whether some company has created a new mining hardware and where the ASICs are being produced!
the future of a cryptocurrency depends on its utilities. otherwise mining is only a temporary thing to make money. for instance in case of altcoins the miners create a mining rig and then they look for the most profitable altcoin to mine. then as soon as they find a more profitable shitcoin they switch right away because they know there is no future to the last one and it was only profitable during its pump. which is also why bitcoin hashrate is the only thing that continues to rise consistently.

[Fluxtorrence9]

Interesting topic my friend ,bitcoin deserves all the loves as the number one cryptocurrency, ts future will be awesome and as for other altcoins gpu profits will be back ,mostly what makes people to change there minds about mining is the cost of electricity but if mining hardwares uses so low electricity it will be reasonable to invest in rigs.

[MTNAX]

It is true that bitcoin has a bright future, because bitcoin is increasingly popular and many people are using it as their investment in the future, plus there are some countries that have legalized bitcoin, if more and more countries legalize bitcoin it will be brighter too the future of bitcoin.